BUSINESS NEWS

IDCZ disposes stakes in Almin Metal Industries, Stone Holdings

THE Industrial Development Corporation of Zimbabwe (IDCZ) has disposed of its shareholding in Almin Metal Industries and Stone Holdings as part of a restructuring process to be completed this year. Th...

By Staff reporter | Published: 04 February 2019

INDUSTRIALS & ENERGY

IDCZ appoints financial advisor for Chemplex transaction

THE Industrial Development Corporation of Zimbabwe Limited (IDCZ) has finalised the appointment of a financial advisor to handle the dilution of its shareholding in chemicals and fertilisers subsidiar...

By Staff reporter | Published: 22 June 2018

BUSINESS NEWS

IDCZ courts prospective suitors

THE Industrial Development Corporation of Zimbabwe (IDC) is in talks with prospective investors who have expressed interest to invest and take up part of or all of its shareholding in its subsidiaries...

By Staff reporter | Published: 18 June 2018

FINANCIAL SERVICES

IDCZ to close StanChart account

Foreign-owned bank Standard Chartered Zimbabwe has ordered the Industrial Development Corporation to close its bank account with the institution next month as part of widespread Western-backed sanctio...

By Staff reporter | Published: 29 January 2014
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